Warren Buffett's son Howard soccer

who has been on the board since 1993 — in as non-executive chairman. Buffett, 69, is seen as the "guardian" of the unique Berkshire culture that his father and longtime lieutenant Charlie Munger created over the decades. The business itself is a beast, requiring expert planning and oversight by the Berkshire board. The business varies from operating one of the nation's most important railroads in Burlington Northern to supporting the housing market via homebuilder Clayton Homes. Buffett has an extensive management resume, ranging from working in investor relations at commodities player Archer Daniels Midland

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